THE OPEC FUND TIMELINE
1988 • First multisector project signed – US$4.8 million for
1983 • Y. Seyyid Abdulai succeeds Ibrahim Shihata as Director-General • 100th grant signed – US$500,000 for the establishment of the African Fertilizer Development Center in Zimbabwe
the urban development Priority Works Project in Ghana
1986 • 10th anniversary seminar –
member country ministers are joined by President of Austria, Rudolf Kirchschläger and former Chancellor of Austria, Bruno Kreisky
• First higher education project signed – US$3 million for the Botswana Polytechnic Project
1985 • First health project signed – US$3.2 million for Msambweni and Webuya Hospitals Project in Kenya • First livestock project signed – US$1.4 million
1987 • First vocational
1990 • 500th signed loan goes to Madagascar for a US$5 million education project
education projects signed – Loans to Dominica, Grenada, St. Kitts, St. Lucia and St. Vincent and the Grenadines for the Regional Vocational and Technical Training
for the Dembou Dairy Project in Niger • First primary education project signed – US$1.5 million for Benin
Project totaling US$2.5 million
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